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Daily Archives: Nov 6, 2017

Converse bank declared coupon payment

Banks
The Converse Bank declared a coupon payment on its 2017-1 series COVSB2 bonds. It said in a news release that the total coupon payment amounted to 83,553,820 Armenian drams

Armenian banks paid 31.7 billion drams in various taxes for 9 months

Banks
The list of Armenia’s 1000 largest corporate taxpayers for the first 9 months of 2017 includes all 17 commercial banks operating in the country that paid about 31.7 billion drams in various taxes

FEAS to promote capital markets of member states

Capital market
The Federation of Euro-Asian Stock Exchanges (FEAS) will focus on ensuring investors' awareness of Armenia’s and other members’ capital markets

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Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

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